Distribution of beta rewards - keeping the best of two worlds

Problem: As I have to pay income tax on crypto mining, I see the announced “Send all beta rewards to owner for further distribution”-solution as troublesome.

Solution: Introduce an option for us to choose between 100% owner OR the current host/owner split percentage, for beta reward distribution.


My proposal:
Before/at TGE, as an owner, for each hosted station, you have to confirm that your host split % and wallet is correct.
There are two “new” radio buttons for the beta rewards - use the current host split % and wallet for host beta rewards distribution OR ignore current host split % and thus use the owner wallet for 100% beta rewards distribution.
For option one, you also need to be informed that this will include all beta rewards and that any future change of split % or host wallet will also affect the future beta rewards after such a change.
For option two, you need to be informed that you have to manually distribute the beta rewards for the station in order to fulfill your agreement with the current and potentially past or future hosts.

One other detail, keeping in line with the latest communicated stand from WB, could be that all hosted stations have option 2 (100% owner) selected by default, but as a owner I can make the change to using the current host split percentage also for the beta rewards.

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Upvoters
Status

In Review

Board

💡 Suggestions

Date

15 days ago

Author

fredrik.hedgren

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